Average rates of the Bangko Sentral ng Pilipinas’ (BSP) term facilities rose Friday, with the 28-day tenor attracting lower demand.
Data released by the central...
Investors further unloaded equities in Asia on Thursday as they girded themselves for more interest rate hikes aimed at quelling runaway inflation, with some...
Wall Street ended trading mixed on Wednesday after the US Federal Reserve made no major changes to its monetary policy, while European markets rose.
Fed...
Citigroup announced on Thursday it will exit 13 international consumer banking markets as it joined other large banks in reporting blowout earnings amid a...
By Douglas Gillison
WASHINGTON"•For the second time this year, the US central bank appears poised to raise interest rates despite fresh signs the world’s largest...
Private concessionaires Maynilad Water Services Inc. and Manila Water Company Inc. will reduce the water rates in their franchise areas beginning Jan. 1, 2016.
Maynilad,...